KANEMATSU, Apr-Dec (Cumulative 3Q) Net Income Increases by 17%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Feb 7, 2025 2:00 pm JST Earnings

8020 KANEMATSU CORPORATION 【IFRS】

Earnings Report

KANEMATSU CORPORATION <8020> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 7th (14:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 17.3% from the same period last year, reaching 19.4 billion yen. However, the progress rate toward the full-year plan of 27 billion yen was 71.9%, almost the same as the five-year average of 71.9%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to grow 13.9% from the same period last year, reaching 7.58 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated net income amounted to 4.27 billion yen, an increase of 1.5% compared to the same period last year. However, the operating profit margin worsened from 4.3% in the same period last year to 3.0%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	677,723	29,634	28,418	15,523	185.8	79.6	Feb 7, 2023	IFRS
Apr - Dec, 2023	726,045	33,132	27,880	16,555	198.2	74.9	Feb 6, 2024	IFRS
Apr - Dec, 2024	781,744	33,437	29,630	19,414	232.3	74.1	Feb 7, 2025	IFRS
YoY	+7.7%	+0.9%	+6.3%	+17.3%	+17.2%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	511,864	21,463	16,868	10,879	130.2	45	May 7, 2024	IFRS
Oct - Mar, 2024 Guidance	581,427	19,081	16,729	11,865	141.9	52.50	Nov 1, 2024	IFRS
YoY	+13.6%	-11.1%	-0.8%	+9.1%	+9.0%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	911,408	38,896	35,696	18,575	222.4	75	May 9, 2023	IFRS
Mar, 2024	985,993	43,870	37,241	23,218	277.9	90	May 7, 2024	IFRS
Mar, 2025 Guidance	1,100,000	44,500	40,000	27,000	323.0	105	Nov 1, 2024	IFRS
YoY	+11.6%	+1.4%	+7.4%	+16.3%	+16.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	251,916	10,725	7,507	4,216	50.5	4.3	Feb 6, 2024	IFRS
Jan - Mar, 2024	259,948	10,738	9,361	6,663	79.8	4.1	May 7, 2024	IFRS
Apr - Jun, 2024	251,011	11,770	11,435	7,460	89.3	4.7	Aug 2, 2024	IFRS
Jul - Sep, 2024	267,562	13,649	11,836	7,675	91.8	5.1	Nov 1, 2024	IFRS
Oct - Dec, 2024	263,171	8,018	6,359	4,279	51.2	3.0	Feb 7, 2025	IFRS
YoY	+4.5%	-25.2%	-15.3%	+1.5%	+1.5%